Loan
Lease
Hyundai Kona Electric
On Road Price Price Details
₹ 22,79,971
Ex-Showroom Price
₹ 23,84,000
Compr. Insurance
Comprehensive Insurance
₹ 71,631
RTO - Individual
₹ 500
TCS
₹ 23,840
Depot Charges
₹ 0
Cash Discount
- ₹ 2,00,000
On Road Price
₹ 22,79,971
Down Payment
₹ 2,27,997
Loan Amount
₹ 20,51,974
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 42,297
Loan Amount
₹ 20,51,974
Estimated Monthly Payment
₹ 42,297/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 20,51,974 | ₹ 1,65,079 | ₹ 17,09,483 |
| 2 | ₹ 17,09,483 | ₹ 1,34,065 | ₹ 13,35,978 |
| 3 | ₹ 13,35,978 | ₹ 1,00,242 | ₹ 9,28,651 |
| 4 | ₹ 9,28,651 | ₹ 63,357 | ₹ 4,84,438 |
| 5 | ₹ 4,84,438 | ₹ 23,131 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 20,51,974, EMI of ₹ 42,297, tenure of 5 years, interest rate of 8.7% p.a